South Australians will share in a $500 million package to ease the cost of living as the government insists a $53 billion debt won't spiral out of control.
Australia is not experiencing stagflation but higher interest rates will help cool the economy and inflation, the nation's top bank official says.
New wastewater analysis of nicotine consumption in Australia shows black market tobacco makes up a much larger share of sales than previously thought.
The company that runs Powerball believes its digital operations have done a poor job of capturing the fun and joy of playing the lottery.
Australian motorists bought a record number of electric and hybrid vehicles for the third month in a row, while petrol and diesel vehicle sales slowed.
Australia's most populous state and biggest energy user still ranks among the slowest approval times for renewables, suggesting further reform is needed.
A fourth Reserve Bank rate hike is still on the cards for 2026, despite a slowdown in economic growth, falling productivity and high labour costs.
The number of new homes being approved fell once again during April, and the Reserve Bank is being blamed for the downturn.
Millions of workers on industry awards will get an annual pay rise and minimum wage earners even more, but economists warn the raises could fuel inflation.
Future generations will be left with a "multibillion-dollar debt bomb" if the coalition repeals proposed tax changes, the treasurer warns.
The government is selling controversial investment tax changes as an attempt to rebalance the playing field between young and old Australians.
Reserve Bank governor Michele Bullock will get a chance to react to Wednesday's economic growth figures when she fronts a parliamentary hearing in Canberra.
The federal government has secured additional diesel to help ease Queensland's regional supply bottlenecks.
Australia's retail sector faces a pincer attack as the war in the Middle East increases costs and pushes consumers to the brink.
The rise of AI could result in a higher share of Australia's economic pie going to people who own assets rather than those who work for a living.
The AFP has denied leaking details of alleged war criminal Ben Roberts-Smith's arrest to the media as it backed its prosecution of the former SAS soldier.
New Zealand has unveiled a bare-bones budget with a projected surplus sooner than expected, but few incentives for voters in an election year.
Controversial budget changes would have cut the lifetime tax benefits for the top one per cent of earners by $400,000 if implemented in 2000, Treasury says.
Business groups are urging the federal government to have a major rethink over its capital gains tax measures but Jim Chalmers is remaining steadfast.
The man who first pitched Inland Rail wants a quick private sector takeover, as it is revealed consultants were paid $180m to estimate the budget blow-out.
Banking giant Westpac has been slugged with a $26 million penalty for failing to support customers in need, a decision an expert says sends a clear message.
A report by Greenpeace has challenged claims Australia's AI-fuelled data centre boom can support rather than undermine the clean energy transition.
International investors are wading into Australia's water market, and while scarcity ensures decent returns, droughts could leave some producers high and dry.
A cut in the fuel excise caused annual headline inflation to fall, but the underlying impulse for price pressures is still gathering steam.
The head of one of the world's biggest pure-play AI developers says even he's had times when using the groundbreaking technology just wasn't going to happen.
The $45.6 billion price tag for inland rail was only a modest estimate, prompting the federal government to scrap part of the project amid planning delays.
Tax changes in the federal budget are already helping to level the playing field, according to the housing minister.
The final death toll from a drone attack on a teacher training college in the Russian-controlled Ukrainian Luhansk region stands at 21.
Cheaper electricity bills are in store for hundreds of thousands of households and small businesses in one state under a lowered benchmark power price.
US President Donald Trump is hosing down expectations of an imminent breakthrough in the three-month-old war with Iran.
A Labor plan to reduce investor incentives has been branded a "productivity tax" as opponents call for lower taxes for those with money to put aside.
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